Vancouver's Summify lands seed round from W Media Ventures

Posted by Rob Lewis

Last week Techvibes reported that Bootup Labs incubated Summify had pivoted their startup into a Social News Reader.

Today they announced that they have received a round of angel financing from Boris Wertz of W Media Ventures for this new product.

Summify's Social News Reader lets you consume a flood of real-time news in minutes rather than the hours many are used to using tools like Google Reader.

Summify aggregates and de-duplicates all the links from your social feeds and curates them into your “top news stories” using an algorithm that takes into account your social (and interest) graph. Essentially letting the most interesting and relevant news bubble to the top.

The investment from W Media Ventures will be used to help accelerate development initiatives including the launch of its mobile offering.

W Media Ventures is an angel fund focusing on early-stage Consumer Internet opportunities in the Pacific Northwest and Western Canada. Founded by Internet entrepreneur and investor Boris Wertz in 2007, W Media Ventures is based in Vancouver and is an investor in Techvibes Media Inc. as well as Tynt, Suite101, and Indochino.

Company:
W Media Ventures
Website:
http://www.wmediaventures.com
Location:
Vancouver, British Columbia, Canada

W Media Ventures is a Vancouver-based venture capital firm focusing on Consumer Internet opportunities in the Pacific Northwest and Western Canada. We are looking for entrepreneurs that want to build remarkable companies in the fields of digital media, e-commerce, social networks or platforms. Having founded and run Internet companies ourselves, we not only understand the space but also the challenges of starting... more

Company:
Bootup Labs
Website:
http://www.bootuplabs.com
Location:
Vancouver, British Columbia, Canada

Bootup Labs is a seed accelerator in Vancouver, BC that helps founders and companies go "from concept to company." Bootup Labs recruits promising entrepreneurs and provides mentorship, ongoing support and office space to help define their business and, if required, secure venture financing. Companies receive $150k in financing. Focus exclusively on Internet based businesses including casual gaming, consumer... more

Company:
Summify
Website:
http://www.summify.com
Location:
Vancouver, British Columbia, Canada

Summify is a "social news reader" that helps you consume your river of news in minutes, rather than hours. People are increasingly getting their news mainly from the social networks they're part of, but this is rapidly getting overwhelming. If you're connected with a few hundred people and companies it's hard to stay on top of the news they share. There's currently no way to get the important stuff without going... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more




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